Top Tweets for #CreditScoreUG
Please follow the News feature story on Uganda's Improved Credit Rating in the @newvisionwire on Pg. 34 where @CSBAGUGANDA proposes reforms for further improvement of Uganda's rating. #CreditScoreUG
@JuliusMukunda @namagembeck @mofpedU @mtic_uganda @ACODE_Uganda @SEATINIUGANDA
S&P Global has revised Uganda's economic outlook to "Positive," recognizing our strong growth and rising forex reserves.
We urge the government to enforce fiscal discipline, prioritize inclusive growth, and ensure transparent management of oil revenues. Economic growth must deliver real value to all Ugandans, not just remain a statistic.
#CreditScoreUG #EveryShillingCounts #CheckTheScoreUG
Please tap the link to read the full statement https://t.co/60LgZ9s7g4
@mofpedU @BOU_Official @StatisticsUg @mtic_uganda @Accu_Ug @SEATINIUGANDA @DailyMonitor @newvisionwire @observerug @ubctvuganda @nbstv @JuliusMukunda
@mofpedU @BOU_Official @StatisticsUg @MEMD_Uganda @ACODE_Uganda @SEATINIUGANDA @DailyMonitor @ntvuganda @newvisionwire 6. Low Inflation and Currency Stability
#CreditScoreUG
Uganda’s credit rating climbs higher thanks to record-breaking foreign exchange reserves 💰📊. From USD 3.3B to USD 5.4B in just nine months—CSBAG’s ED @JuliusMukunda explains how this shields the shilling and curbs inflation. #CreditScoreUG
Why Uganda's Credit Score improved according to S&P global ratings.
Uganda's economy grew by a robust 6.3% in FY2025. This growth has increased the total value of our economy (GDP) from UGX 183 trillion in 2023 to UGX 227.9 trillion (USD 62bn) in 2025.
#CreditScoreUG
6. Uganda’s inflation dropped to 3.4% in Oct 2025, staying below the BoU’s 5% target. The shilling also strengthened by 5.2% between Jan–Oct 2025, boosted by strong remittances and rising export earnings.
#CreditScoreUG
5. Uganda has been praised for the return of concessional financing from the World Bank, with over USD 2bn (UGX 7.5T) approved since October 2025. This support is boosting development funding and strengthening the country’s fiscal position.
#CreditScoreUG
4. Uganda’s external balance is improving, with the trade deficit dropping from UGX 12T (6.6% of GDP) in FY2020–24 to UGX 9.5T (4.2% of GDP) in FY2025. This progress is driven by stronger export earnings, especially from coffee and gold.
#CreditScoreUG
3. Uganda’s foreign exchange reserves have surged from USD 3.3B in January 2025 to a record USD 5.4B by September. This boost strengthens the shilling and helps curb imported inflation—a major win for economic stability.
#CreditScoreUG
@mofpedU @BOU_Official @StatisticsUg @MEMD_Uganda @ACODE_Uganda @SEATINIUGANDA @DailyMonitor @ntvuganda @newvisionwire 3. Record Rise of Uganda's Foreign Exchange Reserves
#CreditScoreUG @mofpedU @BOU_Official @StatisticsUg @DailyMonitor @ntvuganda
Why Uganda’s credit score improved, according to @SPGlobalRatings.
A thread 🧵.
1. Uganda’s economy grew by 6.3% in FY2025 & is projected to average 6.4% (2026–2028) — Julius Mukunda, ED, @CSBAGUGANDA
#CreditScoreUG
Uganda's Credit Ratings Improved according to S&P Global Ratings due to;
1. Economic Growth
#CreditScoreUG
@mofpedU @BOU_Official @StatisticsUg @MAAIF_Uganda @MoWT_Uganda @mtic_uganda @centre4policy @DailyMonitor @newvisionwire @ACODE_Uganda @SEATINIUGANDA
Uganda’s banking sector earns global praise: Capital adequacy hits 25.8%, non-performing loans drop to 3.7%. CSBAG’s Executive Director @JuliusMukunda explains why S&P upgraded the nation’s credit rating.
@CSBAGUGANDA #CreditScoreUG
This kind of spike will affect the economy and investor relations, but it will eventually go down. The demand for the dollar is now high. @CBAGUGANDA ED @JuliusMukunda
#CreditScoreUG @nextradio_ug @BOU_Official @mofpedU @DailyMonitor @ntvuganda
“Despite oil production accounting for just 15%, there’s growing complacency around it — while other key sectors like minerals and tourism are being overlooked. Government must strike a balance to ensure all engines of development are prioritized.” @JuliusMukunda
#CreditScoreUG
“With political stability, contained corruption, and strong debt management, the Oil production will definitely keep our currency stable” — @JuliusMukunda ED @CSBAGUGANDA
#CreditScoreUG || @CSBAGUGANDA
If Uganda was good at fiscal responsibility, I wouldn't mind but the Petroleum Fund creates gap and once this oil comes you will see people arguing about the money spent at the source.
@CSBAGUGANDA ED @JuliusMukunda
#CreditScoreUG @BOU_Official @mtic_uganda @mofpedU @MEMD_Uganda @ACODE_Uganda @SEATINIUGANDA @ntvuganda
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